IGG.L - IG Group Holdings plc
| Previous close | 786.50 |
| Open | 789.50 |
| Bid | 789.00 x 69200 |
| Ask | 789.50 x 40700 |
| Day's range | 786.50 - 794.00 |
| 52-week range | 520.00 - 868.50 |
| Volume | 162,059 |
| Avg. volume | 1,674,070 |
| Market cap | 2.898B |
| Beta | -0.38 |
| PE ratio (TTM) | 15.00 |
| EPS (TTM) | 52.60 |
| Earnings date | 17 Jan 2017 - 23 Jan 2017 |
| Forward dividend & yield | 0.33 (3.96%) |
| Ex-dividend date | 2018-02-01 |
| 1y target est | 827.83 |
- Reuters - UK Focus•24 days ago
Britain's FTSE snaps four-session losing streak
Britain's top share index rebounded from its lowest level in more than a year on Tuesday as risk assets breathed a sigh of relief on signs that a global trade war could be averted. The blue-chip FTSE 100 closed 1.5 percent up at 6,994.85 points, with almost every constituent in positive territory. A weak pound typically supports the FTSE by giving an accounting boost to UK blue-chips companies that have revenue in dollars.
Reuters•24 days agoTrade detente hopes turbocharge European shares; Casino surges
European shares surged on Tuesday on incipient signs of a detente in trade rhetoric between Washington and Beijing, while French supermarket Casino was boosted by a grocery delivery partnership with Amazon. European markets took their cue from a robust rebound on Wall Street that ran into its second day on Tuesday after reports the United States and China were negotiating to avert a trade war. "The volatility that we're seeing in markets reflects those who were initially fearful of the headlines, and those that see opportunities within that," said Chris Dyer, director of global equity at Eaton Vance.
- Reuters•24 days ago
EU markets watchdog clamps down on CFDs, 'binary' options
The European Securities and Markets Authority (ESMA)said on Tuesday it was prohibiting the marketing, distribution and sale of binary options to retail investors, while its restrictions on CFDs would affect the marketing, sale and distribution of them. Binary options and CFDs are financial products that give an investor exposure to price movements in securities without actually owning the underlying assets such as a currency, commodity or stock.
- Reuters - UK Focus•24 days ago
EU markets watchdog clamps down on CFDs, 'binary' options
The European Union's securities watchdog said it will ban 'binary' options sales to retail clients and restrict the sales of Contract for Differences (CFDs) to protect investors from significant losses, knocking shares in Britain's spreadbetters. The European Securities and Markets Authority (ESMA)said on Tuesday it was prohibiting the marketing, distribution and sale of binary options to retail investors, while its restrictions on CFDs would affect the marketing, sale and distribution of them.
- Reuters - UK Focus•24 days ago
BUZZ-IG Group: shares hit after EU markets watchdog clampdown
** British online financial trading company IG Group down 8 pct after flagging hit to FY19 revenue from new regulations ** European Union financial markets watchdog ESMA announced plans to ban 'binary' ...
- Reuters - UK Focus•29 days ago
BUZZ-IG Group: robust cryptocurrency trading boosts Q3
** IG Group +4.6 pct & second-top riser on FTSE 250 in decent volume ** Reports 30 pct rise in Q3 revenue ** Investec raises TP to 959p from 841p, reiterates 'buy' rating ** On regulation, Investec flags ...
- Reuters•29 days ago
Online broker IG Group's third quarter revenue rises as client base grows
IG, which provides online stockbroking and trading services to retail investors, said net trading revenue rose to 152.9 million pounds in the quarter ended Feb. 28, from 117.4 million pounds a year earlier. Despite facing uncertainty from proposed regulation on these products, IG Group and rivals Plus500 (PLUSP.L) and CMC Markets (CMCX.L) have all reported healthy revenue growth as they signed up record numbers of customers last year, partly due to the bitcoin boom. Global regulators are cracking down on the fast-growing 3.5 billion pound ($4.9 billion) spread-betting industry in which most retail investors lose money.
- Reuters•2 months ago
Click for crypto - Plus500 uses currency craze to lure customers
Plus500, a rival to IG Group (IGG.L) and CMC Markets (CMCX.L), forecast 2018 revenue "significantly ahead" of market expectations and said a regulatory crackdown on spreadbetting in Europe was unlikely to hurt its business. Retail customers use its platform to trade contracts for differences (CFDs) and Chief Executive Asaf Elimelech said that about 15 percent of the company's overall revenue in 2017 derived from cryptocurrency CFDs trading.
- Reuters - UK Focus•2 months ago
Click for crypto: Plus500 uses currency craze to lure customers
The hype around cryptocurrencies has drawn more customers to Plus500 (Stuttgart: P55.SG - news) 's online trading platform, the company said on Wednesday, with many staying on to trade its products ranging from indices to commodities. Plus500, a rival to IG Group and CMC Markets (LSE: CMCX.L - news) , forecast 2018 revenue "significantly ahead" of market expectations and said a regulatory crackdown on spreadbetting in Europe was unlikely to hurt its business. Retail customers use its platform to trade contracts for differences (CFDs) and Chief Executive Asaf Elimelech said that about 15 percent of the company's overall revenue in 2017 derived from cryptocurrency CFDs trading.
- Reuters•2 months ago
Global regulators propose crackdown on financial spreadbetters
Financial spreadbetters targeting retail customers should be licensed to stop them exploiting gaps in cross-border rules and preying on inexperienced investors, global regulators proposed on Tuesday. The International Organization of Securities Commissions (IOSCO) proposed a coordinated crackdown on sales of rolling-spot forex contracts, contracts-for-difference (CFDs) and binary options. Such products can be used to bet on moves in currencies, interest rates and other market prices, and are usually sold through online trading platforms without advice, and with most retain investors losing money, IOSCO said.
- Reuters - UK Focus•2 months ago
Global regulators propose crackdown on financial spreadbetters
Financial spreadbetters targeting retail customers should be licensed to stop them exploiting gaps in cross-border rules and preying on inexperienced investors, global regulators proposed on Tuesday. The International Organization of Securities Commissions (IOSCO) proposed a coordinated crackdown on sales of rolling-spot forex contracts, contracts-for-difference (CFDs) and binary options. Such products can be used to bet on moves in currencies, interest rates and other market prices, and are usually sold through online trading platforms without advice, and with most retain investors losing money, IOSCO said.
- Reuters•2 months ago
Meltdown raises fears of 'financial innovation the planet doesn't really need'
The global market turmoil of the past week has shone a light on complex trading instruments listed in the United States and Europe - a number of which have been taken off the market - which some investors blame for the scale of the disruption. Monday's stock sell-off triggered the biggest rise ever in S&P 500 volatility (.VIX) futures, forcing Credit Suisse and Nomura to close down products that enable investors to short the VIX after they posted massive losses. The VIX itself measures market expectations of how choppy the S&P 500 (.SPX) might be over the coming month.
- Reuters - UK Focus•3 months ago
No ex-divs on the FTSE 100 on Feb. 1
No FTSE 100 companies will go ex-dividend on Thursday, although several mid-caps will go ex-div, after which investors will no longer qualify for the latest dividend payout. Among FTSE 250 companies going ...
- Reuters - UK Focus•3 months ago
Bark worse than bite? Spreadbetter stocks defy regulatory threat
British online trading platforms signed up record numbers of customers last year, partly on the back of the bitcoin boom, even though regulators issued repeated demands for the industry to do more to warn customers of the risks. For now, few investors seem ready to bet that regulators will turn words into the kind of actions that would endanger the industry's stellar growth. The platforms, known as spreadbetters, offer products called contracts For difference (CFDs) that allow clients, in some cases, to speculate on minute swings in stocks and cryptocurrencies such as bitcoin – a practice likened by one fund manager to betting on horseracing.
- Reuters•3 months ago
Bark worse than bite? Spreadbetter stocks defy regulatory threat
British online trading platforms signed up record numbers of customers last year, partly on the back of the bitcoin boom, even though regulators issued repeated demands for the industry to do more to warn customers of the risks. For now, few investors seem ready to bet that regulators will turn words into the kind of actions that would endanger the industry's stellar growth. The platforms, known as spreadbetters, offer products called contracts For difference (CFDs) that allow clients, in some cases, to speculate on minute swings in stocks and cryptocurrencies such as bitcoin – a practice likened by one fund manager to betting on horseracing.
- Reuters - UK Focus•3 months ago
EU watchdog consults on spreadbetting curbs
The European Union's markets watchdog has started a public consultation on its anticipated plans to restrict the sale of contracts for differences (CFDs) and binary options by spreadbetting companies. CFDs and binary options are financial products that give an investor exposure to price movements in securities without actually owning the underlying assets such as a currency, commodity or stock. The European Securities and Markets Authority (ESMA) flagged the plans last month, sending shares of spreadbetting firms tumbling.
- Reuters•3 months ago
Bond sell-off hits European shares but boost banks
By Danilo Masoni and Julien Ponthus LONDON (Reuters) - European shares pulled back on Wednesday, with most sectors except rate-sensitive banks in the red as concerns grew over the direction of the bond ...
- Reuters•3 months ago
Britain's FTSE seals new record as banks rally
By Kit Rees and Helen Reid LONDON (Reuters) - A rise in banks and oil stocks boosted the UK's top share index to a fresh record on Wednesday as climbing bond yields supported financials across Europe. ...
- Reuters - UK Focus•3 months ago
Britain's FTSE seals new record as banks rally
A rise in banks and oil stocks boosted the UK's top share index to a fresh record on Wednesday as climbing bond yields supported financials across Europe. Britain's blue chip FTSE 100 index was up 0.2 ...
- Reuters•3 months ago
UK watchdog flags 'serious risk of harm' from spreadbetting
"There is a high risk that firms across the sector are not meeting our rules and expectations when providing and distributing CFDs," the Financial Conduct Authority (FCA) said following a year-long review of the industry. The majority of retail customers who bought CFD products lost money, the FCA said after assessing firms that provide CFDs to intermediaries who in turn distribute them to retail consumers on either an advisory or discretionary basis.
- Reuters - UK Focus•3 months ago
UK watchdog flags 'serious risk of harm' from spreadbetting
Britain's financial regulator told spreadbetting firms to properly warn retail investors of the risks involved in contracts for differences (CFDs) or face action, knocking shares in the sector on Wednesday. "There is a high risk that firms across the sector are not meeting our rules and expectations when providing and distributing CFDs," the Financial Conduct Authority (FCA) said following a year-long review of the industry.
- Reuters•4 months ago
Spreadbetting company Plus500 expects rise in 2017 profit, revenue
Plus500 shares, which rose 130 percent in 2017, were up 18.5 percent at 1045 pence at 0836 GMT. The company, which provides an online trading platform for retail customers to trade contracts for differences (CFDs), achieved strong volumes in crypto currency CFDs, it said. Plus500 also said results were helped by rising customer numbers and strong trading, which continued through to the year end.
- Reuters - UK Focus•4 months ago
Spreadbetting company Plus500 expects rise in 2017 profit, revenue
Plus500 (Stuttgart: P55.SG - news) expects to beat full-year profit and revenue expectations helped by crypto currency derivatives, the British spreadbetting company said on Wednesday. Plus500 shares, which rose 130 percent in 2017, were up 18.5 percent at 1045 pence at 0836 GMT. The company, which provides an online trading platform for retail customers to trade contracts for differences (CFDs), achieved strong volumes in crypto currency CFDs, it said.